Can I retire at age 50 with 1,880,000?

Use the below retirement simulation to view the chances of a successful retirement.
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $1,880,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.8%
1 years$155,249$153,866$152,517$151,200$149,914$146,349
2 years$76,856$75,424$74,037$72,692$71,388$67,817
3 years$50,728$49,291$47,907$46,575$45,291$41,826
4 years$37,667$36,234$34,864$33,554$32,302$28,970
5 years$29,832$28,408$27,056$25,773$24,556$21,365
6 years$24,611$23,197$21,865$20,611$19,430$16,384
7 years$20,883$19,481$18,170$16,945$15,802$12,901
8 years$18,088$16,699$15,410$14,215$13,109$10,353
9 years$15,915$14,539$13,272$12,108$11,040$8,426
10 years$14,178$12,816$11,571$10,437$9,406$6,931
11 years$12,758$11,409$10,187$9,084$8,090$5,751
12 years$11,575$10,240$9,041$7,967$7,010$4,803
13 years$10,575$9,254$8,077$7,034$6,113$4,033
14 years$9,719$8,412$7,257$6,244$5,359$3,402
15 years$8,977$7,684$6,553$5,569$4,718$2,880
16 years$8,329$7,050$5,941$4,986$4,170$2,446
17 years$7,758$6,493$5,406$4,480$3,697$2,082
18 years$7,250$6,000$4,935$4,037$3,288$1,776
19 years$6,797$5,560$4,518$3,648$2,930$1,518
20 years$6,390$5,167$4,146$3,304$2,617$1,299
21 years$6,021$4,813$3,814$2,999$2,342$1,113
22 years$5,687$4,493$3,515$2,726$2,100$955
23 years$5,382$4,202$3,245$2,483$1,885$820
24 years$5,103$3,937$3,001$2,265$1,694$705
25 years$4,847$3,695$2,780$2,068$1,524$606
26 years$4,611$3,472$2,578$1,891$1,373$522
27 years$4,392$3,268$2,394$1,731$1,238$449
28 years$4,190$3,079$2,226$1,586$1,117$387
29 years$4,002$2,905$2,071$1,454$1,009$333
30 years$3,827$2,743$1,929$1,335$911$287
31 years$3,663$2,593$1,799$1,226$824$248
32 years$3,510$2,454$1,678$1,127$745$213
33 years$3,367$2,324$1,567$1,036$675$184
34 years$3,232$2,203$1,464$953$611$159
35 years$3,105$2,089$1,369$877$553$137
36 years$2,986$1,983$1,280$808$501$118
37 years$2,873$1,883$1,198$745$454$102
38 years$2,767$1,790$1,122$686$412$88
39 years$2,666$1,702$1,051$633$373$76
40 years$2,570$1,619$985$584$339$66
41 years$2,480$1,541$924$538$307$57
42 years$2,394$1,468$867$497$279$49
43 years$2,312$1,399$813$459$253$42
44 years$2,234$1,333$764$424$230$36
45 years$2,159$1,271$717$391$209$31
46 years$2,089$1,213$673$361$189$27
47 years$2,021$1,157$633$334$172$23
48 years$1,956$1,105$594$308$156$20
49 years$1,895$1,055$559$285$142$17
50 years$1,836$1,008$525$264$129$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $1,880,000, adding $3,281 every year, while hoping to spend $45,417 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 32/50/18 Blend
49$1,880,000$1,880,000$1,880,000$1,880,000
50$2,075,144$1,975,504$1,946,364$2,129,799
51$2,238,486$2,023,981$1,963,244$2,219,232
52$2,416,966$2,073,310$1,979,167$2,311,103
53$2,612,081$2,123,487$1,994,054$2,409,095
54$2,825,478$2,174,502$2,007,819$2,513,768
55$3,058,970$2,226,347$2,020,375$2,625,741
56$3,314,556$2,279,009$2,031,629$2,745,694
57$3,594,434$2,332,474$2,041,482$2,874,378
58$3,901,027$2,386,725$2,049,831$3,012,618
59$4,237,000$2,441,743$2,056,569$3,161,326
60$4,605,292$2,497,506$2,061,582$3,321,504
61$5,009,137$2,553,990$2,064,751$3,494,258
62$5,452,099$2,611,165$2,065,950$3,680,806
63$5,938,102$2,669,001$2,065,048$3,882,493
64$6,471,468$2,727,462$2,061,907$4,100,797
65$7,056,960$2,786,510$2,056,383$4,337,352
66$7,699,823$2,846,101$2,048,324$4,593,956
67$8,405,833$2,906,189$2,037,572$4,872,592
68$9,181,356$2,966,720$2,023,959$5,175,447
69$10,033,404$3,027,639$2,007,311$5,504,931
70$10,969,700$3,088,882$1,987,445$5,863,701
71$11,998,755$3,150,383$1,964,169$6,254,687
72$13,129,942$3,212,066$1,937,284$6,681,119
73$14,373,592$3,273,853$1,906,578$7,146,559
74$15,741,082$3,335,655$1,871,832$7,654,932
75$17,244,949$3,397,379$1,832,815$8,210,569
76$18,899,007$3,458,924$1,789,287$8,818,241
77$20,718,473$3,520,179$1,740,996$9,483,211
78$22,720,116$3,581,026$1,687,678$10,211,281
79$24,922,409$3,641,338$1,629,057$11,008,848
80$27,345,709$3,700,977$1,564,844$11,882,965
81$30,012,444$3,759,798$1,494,739$12,841,408
82$32,947,326$3,817,640$1,418,426$13,892,751
83$36,177,585$3,874,336$1,335,575$15,046,445
84$39,733,223$3,929,704$1,245,841$16,312,912
85$43,647,301$3,983,548$1,148,866$17,703,641
86$47,956,246$4,035,662$1,044,273$19,231,300
87$52,700,195$4,085,822$931,668$20,909,852
88$57,923,379$4,133,791$810,643$22,754,694
89$63,674,532$4,179,315$680,768$24,782,800
90$70,007,355$4,222,123$541,595$27,012,882
91$76,981,025$4,261,926$392,658$29,465,570
92$84,660,746$4,298,417$233,468$32,163,604
93$93,118,369$4,331,267$63,517$35,132,057
94$102,433,071$4,360,126$0$38,398,567
95$112,692,095$4,384,624$0$42,016,237
96$123,991,582$4,404,364$0$46,010,510
97$136,437,471$4,418,925$0$50,406,310
98$150,146,501$4,427,860$0$55,244,570
99$165,247,313$4,430,694$0$60,570,403
100$181,881,662$4,426,922$0$66,433,533